"New York's $233B Budget: Hochul's Plan for Migrant Aid and School District Cuts"
TL;DR Summary
Governor Kathy Hochul is set to unveil a $233 billion budget proposal, including an additional $1.9 billion to aid New York City in handling the migrant crisis. The funding will cover migrant-related expenses, state-funded services, and congregate shelters. The budget also addresses a $4.3 billion budget gap for the next fiscal year, with increased revenue projections. Hochul is not planning to raise income taxes or tap into the state's rainy day fund, and Medicaid spending is expected to grow by 10.9% over the 2025 fiscal year.
Topics:nation#budget-proposal#gov-kathy-hochul#medicaid-spending#migrant-crisis#new-york-city#politics
- Hochul to unveil $233B budget, including additional $1.9B for NYC's migrant crisis New York Post
- New York Plans to Spend Billions More on Migrant Crisis The Wall Street Journal
- Migrant Costs Help Push New York State's Budget to $233 Billion The New York Times
- Hochul's budget expected to propose cutting aid for some school districts Newsday
- Hochul's $233 billion budget to maintain migrant aid, avoid tax hikes POLITICO
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